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$394,999
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Property Description
Prime Multifamily Development Opportunity - RM Zoning | MR-5 Future Land Use Exceptional vacant lot located in the RM (Residential Multifamily) zoning district with an MR-5 Future Land Use designation, offering strong development potential. The property measures approximately 89' x 148' (13,172± SF), providing a functional footprint for multifamily construction. Currently allows up to 2 units by right, with potential for increased density through the purchase of Transfer of Development Rights (TDR) (buyer to verify with municipality). Ideal for builders or investors seeking to maximize yield in a high-demand rental market. Strategically positioned within walking distance to restaurants, schools, shopping centers, medical offices, and pharmacies -- a highly desirable location for future
Full Property Details
Full Property Details for 4583 Diekhans Rd
General
- Price: $394,999
- Taxes: $7,115 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: R11167649
- Updated: 4/28/2026
- Added to Site: 94 day(s) ago
Location
- County: Palm Beach
- Subdivision: MILITARY PARK DIEKHANS ADD
- Direction Faces: South
School Information
- Elementary School: Egret Lake
- Middle School: Bear Lakes
- High School: Palm Beach Lakes
Community
- Community Name: 5400
Utilities
- Water: Public
- Utility Description: None, Water Available
Structural Information
- Current Bldg. Use: Multi-Family
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Frontage: Public Road, Paved
- Road Maintenance: Public Maintained Road
- Lot Features: Cleared, City Lot, Other, Rural Lot, 1/4 to 1/2 Acre Lot
- Development Status: Site Plan Filed
- Potential Use: Single Family
- Trees/Vegetation: Grassed, Partially Wooded
- Zoning: RM—MULTI-FAMILY
Financial Considerations
- Tax Amount: $7,115
- Tax Year: 2025
- Terms: Cash, Lease Purchase, Other
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: MILITARY PARK DIEKHANS ADD LT 20 (LESS E 10 FT) & LT 21
- Property ID: 424324090000201
Listed by Gulfstream Real Estate Solutions, Inc
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Schools
Schools serving 4583 Diekhans Rd
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Egret Lake Elementary School 5115 47th Place North, West Palm Beach, FL 33417 | K-5 | 2.5 mi |
Bear Lakes Middle School 3505 Shenandoah Road, West Palm Beach, FL 33409 | 6-8 | 1.4 mi |
Palm Beach Lakes High School 3505 Shiloh Drive, West Palm Beach, FL 33407 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4583 Diekhans Rd
Date
Details
Price
Change
Source
4/28/2026
Price Reduced
$394,999
-1.25%
MLS
4/04/2026
Price Reduced
$400,000
-5.88%
MLS
3/25/2026
Price Reduced
$425,000
-5.56%
MLS
3/01/2026
Listed
$450,000
87.5%
MLS
6/09/2017
Sold
$240,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4583 Diekhans Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,124
—
$339,548
-14%
2024
$7,122
4%
$394,935
-1%
2023
$6,870
1%
$400,735
-2%
2022
$6,776
27%
$408,412
79%
2021
$5,349
—
$227,817
-21%
2021
$5,349
7%
$287,366
42%
2019
$5,015
14%
$202,283
10%
2018
$4,397
16%
$183,894
38%
2017
$3,792
1%
$133,290
10%
2016
$3,737
11%
$121,173
10%
2015
$3,354
13%
$110,157
10%
2014
$2,973
7%
$100,143
10%
2013
$2,777
—
$91,039
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4583 Diekhans Rd
4583 Diekhans Road, West Palm Beach, FL 33417 (MLS# R11167649) is a Vacant Land property with a lot size of 0.3 acres. 4583 Diekhans Road is currently listed for $394,999 and was received on March 01, 2026. Want to learn more about 4583 Diekhans Road? Do you have questions about finding other Vacant Land real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

